Announcement

Collapse
No announcement yet.

Bill Miller: Still Blowing Smoke...

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Bill Miller: Still Blowing Smoke...

    http://www.leggmason.com/individuali...Commentary.pdf

  • #2
    Re: Bill Miller: Still Blowing Smoke...

    GRG, I think he's got it right...

    If this is a bear market rally, it is one we have not seen since the late 1930s.
    He goes on ad nauseam to undo his excellent observation, but at least he made it...;)

    Comment


    • #3
      Re: Bill Miller: Still Blowing Smoke...

      By golly - there's a second point he got right. Near the end of his commentary he writes:
      This commentary has gone on a lot longer than intended and still isn’t very good,
      This guys' good!
      Most folks are good; a few aren't.

      Comment


      • #4
        Re: Bill Miller: Still Blowing Smoke...

        It's a smoke or as a part of the system repeats his master's voice.

        Comment


        • #5
          Re: Bill Miller: Still Blowing Smoke...

          Bill Miller is a vestige from the Dumb White Guy Asset Mgmt era. They've had their cannae in 2008/2009, and hopefully they'll be finished off soon enough.

          Comment


          • #6
            Re: Bill Miller: Still Blowing Smoke...

            Originally posted by phirang View Post
            Bill Miller is a vestige from the Dumb White Guy Asset Mgmt era. They've had their cannae in 2008/2009, and hopefully they'll be finished off soon enough.
            And a casualty of the Black Swan. An investment record built up over 18 years destroyed in 1 as he made bad bet after bad in an attempt to cover his losses.

            Comment

            Working...
            X